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Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.

Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.

New collaboration to provide increased exposure of resources

In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.

SME discussed with David Olson of Verisurf the growing importance of Model-Based Definition and the use of standard formats by small and medium sized manufacturers.

ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.

Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.

Fostering human-centered innovation by developing powerful, easy-to-use tools is at the heart of the new products, enhancements and services showcased during the Siemens Digital Industries Software 2020 Media & Analyst Conference, a two-day virtual event hosted by the Plano, Texas-based company on June 16 and 17.

In the cornfields of southern Indiana, Thermwood Corp. is making unique large-scale additive manufacturing (LSAM) equipment. LSAM machines produce large- to very-large-sized components from reinforced thermoplastic composite materials, creating industrial tooling, masters, patterns, molds and production fixtures used in the aerospace, automotive, foundry, and marine industries.

Open Mind Technologies AG has introduced its latest hyperMILL 2020.2 CAD/CAM software suite which offers users new and enhanced features for 3D and five-axis machining, such as the hyperMILL AUTOMATION Center Advanced option.